By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
sauce.co.kesauce.co.kesauce.co.ke
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Reading: KNEC Exam Plans in Jeopardy as KRA Probes Greek Firm Over Sh700M Tax Evasion
Share
Notification Show More
Font ResizerAa
sauce.co.kesauce.co.ke
Font ResizerAa
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Search
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » News » KNEC Exam Plans in Jeopardy as KRA Probes Greek Firm Over Sh700M Tax Evasion
News

KNEC Exam Plans in Jeopardy as KRA Probes Greek Firm Over Sh700M Tax Evasion

Last updated: May 1, 2026 9:49 am
David Osoro 5 months ago
Share
3 Min Read
SHARE

Preparations for national examinations in Kenya have been thrown into uncertainty after the Kenya National Examination Council (KNEC) became entangled in a tax evasion probe involving a Greek printing firm contracted to produce exam materials.

The firm, Inform Lykos (Hellas) SA, is under investigation by the Kenya Revenue Authority (KRA) over allegations that it under-declared invoices, leading to a potential tax loss of nearly Sh700 million.

According to reports, the company secured a Sh2.8 billion contract to print national exams under Delivery Duty Paid (DDP) terms, which required it to remit approximately Sh781 million in taxes, including VAT. However, when the materials were delivered, invoices submitted reflected a significantly lower value of about Euro 4.2 million, translating to tax payments of only Sh132 million.

Customs officials now suspect that the under-declaration may have resulted in a tax shortfall of over Sh649 million, with additional penalties likely to push the total liability close to Sh1 billion.

KRA has since launched a formal investigation, issuing a notice to KNEC requesting key documentation, including contracts, invoices, payment schedules, and delivery records dating back to January 2020. Officials from KNEC and a local logistics firm involved in clearing the materials have already been questioned as part of the ongoing probe.

Amid the unfolding scandal, KNEC is reportedly considering suspending its engagement with Inform Lykos to avoid potential disruptions in the printing of Form Four, Grade Nine, and Grade Six examinations. The council is currently consulting the Ministry of Education on the way forward.

The controversy has raised concerns about the timely preparation of national exams, with fears that legal battles or procurement delays could derail the process.

Notably, Inform Lykos previously handled the printing of Kenya’s 2022 general election ballot papers, as well as last year’s national exams, making the current allegations a significant blow to its reputation.

As investigations continue, the outcome could have far-reaching implications not only for the firm but also for Kenya’s examination system and future government procurement processes.

 

You Might Also Like

Tarmac Laid on Rironi-Naivasha Highway as Government Targets October Opening

Thika High, Maseno, and Kenya High Flagged for Charging Illegal School Fees

Kenya’s First Ebola Patient Buried in Nairobi Under Strict Health Measures

How Kenya’s First Ebola Patient May Have Passed JKIA Screening

Wicknell Chivayo and Wife Lucy Muteke to Be Buried Without Heads

TAGGED: ballot papers printing, exam delays Kenya, government tenders Kenya, Inform Lykos, Kenya education news, Kenya exams 2026, KNEC, KRA investigation, national exams printing, tax evasion Kenya
Share This Article
Facebook Twitter Whatsapp Whatsapp Email
Previous Article Fisherman Dies After Fight With Colleagues at Mukuyu Beach in Homa Bay
Next Article Autopsy Reveals Connie Githinji Was Assaulted Before Fatal Fall

Latest stories

  • Ruto Proposes Buffalo Milk to Tackle Kenya’s Growing Dairy Shortage
  • Malindi Caretaker Dies After Alleged Attack at Private Residence
  • Uhuru Kenyatta Resigns as Azimio Chairperson After Jubilee Leadership Handover
  • Police Officer Arrested and Charged Over Alleged Nairobi Car Theft Syndicate
  • Sifuna Claims Senate Request on Lamu Refinery Blocked From Reaching Floor
  • Sifuna’s TEP Moves to Rebrand as Linda Mwananchi Movement Ahead of 2027
  • Tarmac Laid on Rironi-Naivasha Highway as Government Targets October Opening
  • Ruto Unveils Raila Odinga Mausoleum in Bondo
  • Kenya Airways Confirms Death of Passenger on Nairobi-Lagos Flight Following Mid-Air Medical Emergency

You Might Also Like

Ruto Announces Promotion of 50,000 Teachers in Largest-Ever Annual Exercise

4 days ago

Dennis Itumbi Confirms Government Plan to Engage Influencers to Promote Its Programmes

4 days ago

Gen Z Protest Outside Buruburu Church Over Viral Jahenda Bullying Video

4 days ago

Wicknell Chivayo Burial Update: Sir Wicknell and Wife Lulu to Be Buried Without Body Viewing

6 days ago

Pages

  • About us
  • News
  • Privacy Policy
  • sauce.co.ke

Find Us on Socials

sauce.co.kesauce.co.ke
Follow US
All rights reserved. A publication of Mercury Communications KE